Bloomberg As the US-China trade war escalates, speculation is swirling over whether the Asian nation will honour purchases of American products including soybeans and cotton that are yet to be delivered. At least 10 bulk carrier cargoes are in transit, while at least one vessel managed to offload its US cargo on the weekend as tensions between Washington and Beijing ...

Bloomberg Allianz SE’s giant investment business saw managed assets grow to a record as clients added 18 billion euros ($20 billion) in the first quarter, reversing outflows at the end of last year. The new money lifted the amount the company oversees for outside clients to 1.55 trillion euros, Munich-based Allianz said on Tuesday. The insurer owns US bond giant ...

Bloomberg The European Union is finalising a list of American goods to target with retaliatory tariffs in the event that US President Donald Trump, who is expected to make a decision by May 18, imposes levies on car imports. “We are already preparing a list of possible items that would be on that list,” EU trade chief Cecilia Malmstrom said ...